The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

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Platinum 'Season of Love' Gets Big Thumb’s Up!

Mumbai: Platinum ‘Season of Love’, is an exclusive in- store festival, where customers commemorate their love in true platinum style. The 2017 edition of ‘Season of Love’ was celebrated across all leading platinum jewellery retailers across India, from 15th May to 15th June and had extraordinary offers available for customers on the purchase of platinum jewellery. Platinum is a metal

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Gold Jewellery Demand May Grow by 9%: ICRA

Mumbai: The gold jewellery demand is expected to grow by nine per cent in value during calendar year (CY) 2017, following rapid formalization of the sector, ICRA said in a report. “The gold jewellery demand is expected to grow by nine per cent in values and six per cent in volumes during CY 2017,” rating agency ICRA said in a

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West Bengal Govt. Lures Mumbai’s G&J Sector

Kolkata: The Mamata Banerjee government will start hunting for business in Mumbai on Tuesday in the run-up to the fourth Bengal Global Business Summit (BGBS), to be held in Kolkata on January 17-18 next year, reports The Times of India. The roadshow for Bengal’s flagship business summit at India’s business capital will be led by Bengal finance minister Amit Mitra,

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De Beers Calls for Research Submissions

Gaborone: De Beers Group has issued a call for the submission of research papers to be presented at the 8th Annual Oppenheimer De Beers Group Research Conference in Johannesburg, South Africa, in October. Academics, students, researchers, site managers and environmental managers that have carried out research on any E Oppenheimer & Son or De Beers Group sites are encouraged to

Read More »

Platinum 'Season of Love' Gets Big Thumb’s Up!

Mumbai: Platinum ‘Season of Love’, is an exclusive in- store festival, where customers commemorate their love in true platinum style. The 2017 edition of ‘Season of Love’ was celebrated across all leading platinum jewellery retailers across India, from 15th May to 15th June and had extraordinary offers available for customers on the purchase of platinum jewellery. Platinum is a metal

Read More »

Gold Jewellery Demand May Grow by 9%: ICRA

Mumbai: The gold jewellery demand is expected to grow by nine per cent in value during calendar year (CY) 2017, following rapid formalization of the sector, ICRA said in a report. “The gold jewellery demand is expected to grow by nine per cent in values and six per cent in volumes during CY 2017,” rating agency ICRA said in a

Read More »

West Bengal Govt. Lures Mumbai’s G&J Sector

Kolkata: The Mamata Banerjee government will start hunting for business in Mumbai on Tuesday in the run-up to the fourth Bengal Global Business Summit (BGBS), to be held in Kolkata on January 17-18 next year, reports The Times of India. The roadshow for Bengal’s flagship business summit at India’s business capital will be led by Bengal finance minister Amit Mitra,

Read More »

De Beers Calls for Research Submissions

Gaborone: De Beers Group has issued a call for the submission of research papers to be presented at the 8th Annual Oppenheimer De Beers Group Research Conference in Johannesburg, South Africa, in October. Academics, students, researchers, site managers and environmental managers that have carried out research on any E Oppenheimer & Son or De Beers Group sites are encouraged to

Read More »

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